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PUC establishes second new rule in emergency grid operations following Texas winter storm

PUC establishes second new rule in emergency grid operations following Texas winter storm

Dell nears deal to sell Boomi to TPG, Francisco Partners

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Dell Technologies sells off cloud business Boomi for $4 billion

Dell Technologies is selling off its Boomi cloud business to two private equity firms in a deal valued at $4 billion. The Round Rock-based technology giant is selling the segment to Francisco Partners and TPG in a cash deal expected to close later this year.  Dell acquired Boomi in 2010 for an undisclosed amount. The Pennsylvania-based business unit uses low-code and data integration technology on its platform to make it easier for businesses to connect applications, people and processes across locations and devices within a company.  Dell said Boomi is used by more than 15,000 customers globally.  Jeff Clarke, vice chairman, and chief operating officer of Dell Technologies, said the cloud segment has flourished under Dell and that the deal positions Boomi to continue growing. 

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